Corporate Hedging of Price Risks: Minimizing Variance or Eliminating Lower‐Tail Outcomes?

Journal of Applied Corporate FinanceVolume 27, Issue 1 p. 57-62 Original Articles Corporate Hedging of Price Risks: Minimizing Variance or Eliminating Lower-Tail Outcomes? Tom Aabo, Tom Aabo TOM AABO is Associate Professor of Corporate Finance at Aarhus University in Denmark. The author wishes to acknowledge valuable comments and suggestions from Don Chew (the editor), Yisel Alvarez, and Kurt Pedersen as well as financial support from the Tuborg Research Centre for Globalization and Firms.Search for more papers by this author Tom Aabo, Tom Aabo TOM AABO is Associate Professor of Corporate Finance at Aarhus University in Denmark. The author wishes to acknowledge valuable comments and suggestions from Don Chew (the editor), Yisel Alvarez, and Kurt Pedersen as well as financial support from the Tuborg Research Centre for Globalization and Firms.Search for more papers by this author First published: 02 April 2015 https://doi.org/10.1111/jacf.12105Citations: 5 AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.